Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$678,608$616,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.400%
Blended rate7.150%7.640%
1st payment$4,420.99$4,268.52
2nd payment$0.00$0.00
Taxes / mo$570.83$570.83
Insurance / mo$166.67$166.67
MI / mo$317.27$123.30
HOA / mo$293.00$293.00
Total monthly$5,768.76$5,422.32
Cash to close$6,392$68,500